bought or buying a car from Kinross auction?

bought or buying a car from Kinross auction?

Author
Discussion

jamiesonmurray

Original Poster:

71 posts

154 months

Saturday 4th October 2014
quotequote all
Hello everyone
I like car auctions,
have bought a few cars from auctions over the years (and sold a couple too)
and would like to hear from private buyers who have bought a car at auction, and hear how they got on,
I've had a few crackers,, and a couple of complete bangers!
so:
which auction? was it a prestige auction (i'd like to hear from anyone who's bought at a top marques in Nottingham or similar)
when, and how long you've ran it for?
was there anything wrong with it?
how much including fees? (if you don't mind telling everyone)
how much you'd pay for a similar car privately or at a dealer
and of course some photo's (low res please as the internet connection is rubbish here offshore)

I'll start it off,
My last car i bought was a 2003 L322 Range Rover SE 4.4 petrol from the friday night auctions at Kinross (smag)
got it delivered to my house in the north east of scotland and including all fees was a fiver off £6k
had to repair a hole in the exhaust, fix a broken exhaust hanger, and a dicky sidelight connection, for is MOT a few months later
was a tad rough around the edges but only had 65,000 miles and loads of receipts / history,

kept it for 6 months then sold it for £6,000, so not bad, just an MOT, some Tax and Petrol,



Steff1965

1,128 posts

195 months

Sunday 5th October 2014
quotequote all
I was at Inter City Motor auctions in Glasgow a few years ago and this 2001 top of the range Grand Voyager with all the toys was going through.

Bidding was low so acting on impulse I ended up with it for £1750 and at that time they were still selling for around £5000. Apart from the ABS light coming on (sensor) it ran really well.

I used it for going to our caravan with the kids and three dogs for a couple of years before trading it in for the CTS.



I've got a newer one now for the caravan run but its only the short one and it wasn't bought at auction

Edited by Steff1965 on Sunday 5th October 08:59

a11y_m

1,861 posts

222 months

Monday 6th October 2014
quotequote all
My current car was from Kinross auction, entered by John Clark in Aberdeen after being taken in as a trade-in. Reckon it was too high miles to be sold on as approved used BMW (73k, 4.5yrs old). Didn't think for a minute it would go within my budget being white, M Sport, manual and the right spec: leather, sat nav, bluetooth, usb audio in, 1 prev owner. Guess not many folk want a 3.0 6-cyl petrol in a family car nowadays.

Only thing that's gone wrong in the 2+ years I've owned it so far is the ABS/DSC module, but it's a fairly common fault on e90s (not quite a 'when' it happens but common all the same), £200 repair. Just replaced all discs and pads. However, it has just 'cost' me £600 after I heard another 330i with the BMW Performance exhaust!


imagineifyeswill

1,226 posts

166 months

Monday 6th October 2014
quotequote all
I havent been to Kinross auctions since about thirty years but back then it used to be all the dodgy rubbish that dealers couldnt or didnt want to sell on there own patch. Only ever bought from ex government fleet disposal auction at Kinross. Up in the North of Scotland problem cars would pass through half a dozen off the local dealers before finally ending up at Kinross.

jamiesonmurray

Original Poster:

71 posts

154 months

Tuesday 7th October 2014
quotequote all
OK here's a taste at whats coming up tomorrow,,
some interesting motors, although these are the cream of the crop,, not exactly rubbish!
I wish i wasn't offshore i'd be down taking a punt at some of these






Craigie

1,224 posts

179 months

Tuesday 7th October 2014
quotequote all
Excuse the ignorance but why are these cars going to auction from a dealer when they are new, low mileage, possibly sought after?

Is it purely cashflow purposes, get them sold and get cash into the coffers? Or do they chance their arms with a high reserve that they know they would accept on the forecourt and hope to actually get bidding up higher than what they could ultimately get on the forecourt?

My only experience of auction was when I assisted a friend to buy a 2 year old ex mobility Ford C Max from the SMAG auction in Livingston. Had only done 9k miles, was still within warranty and she got it for something like close to £2k less than Peoples were retailing similar cars on their forecourt. She still has that car 7 years later and never had an ounce of trouble with it!

jamiesonmurray

Original Poster:

71 posts

154 months

Tuesday 7th October 2014
quotequote all
Craigie said:
Excuse the ignorance but why are these cars going to auction from a dealer when they are new, low mileage, possibly sought after?
Yes i do wonder that myself,
I understand how the middle aged/ mileage cars the big dealerships take in in part exchange end up in the auction / as well as the bangers no dealer wants, but i think i seen a car in last week with less than 500 miles on it,

I'm not looking to buy anything as new next time, looking for a 5 year old mid sized 4x4 (rav4,crv,kuga) for the winter with about 60,000 miles

by the way, i only bought a new Fiesta st-2, in white about 2 months ago,, i really would like to know why this one is in auction because ford dealers are selling these by the bucketload, so must be popular
and i'd love to know what kind of price it goes for at auction

and i'd love that Audi S5 ,, thats a really nice motor,

i did try and pick up a Aston Martin Vantage V8 that was there about 9 months ago,, it went for really strong money, about £29 grand, and it was rough,, really rough!

jamiesonmurray

Original Poster:

71 posts

154 months

Tuesday 7th October 2014
quotequote all
here's a few from Central Car Auctions in Glasgow,
I mean an RS6!!!!!! WOW!!!!!












imagineifyeswill

1,226 posts

166 months

Tuesday 7th October 2014
quotequote all
Looks like Kinross has gone decidedly upmarket since I was there last.

jamiesonmurray

Original Poster:

71 posts

154 months

Saturday 11th October 2014
quotequote all
Ok guys here is another one,
1993 Mitsubishi Pajero 2.5 manual SWB
bought from the auctions in Aberdeen years ago for £700
I bought it to tow and launch my speedboat,
started to overheat on the way home,, head gasket was gone,,
fixed the gasket myself, then ran it for over 3 years,
solid chassis, unlike the british Shogun
glow plug module didn't work so i just wired a switch from maplin to the relay,
didn't know how many miles it had done as the speedo never worked
sold it for £1200 3 years later,
only other thing was it needed a steering box for a MOT,
even ran it on used chip fat, changing the £1 in line filter i put in before the main fuel filter
fantastic in the winter, turned out to be one of the best cars i ever owned!


cat220

2,762 posts

215 months

Sunday 12th October 2014
quotequote all
Craigie said:
Excuse the ignorance but why are these cars going to auction from a dealer when they are new, low mileage, possibly sought after?

Is it purely cashflow purposes, get them sold and get cash into the coffers? Or do they chance their arms with a high reserve that they know they would accept on the forecourt and hope to actually get bidding up higher than what they could ultimately get on the forecourt?

My only experience of auction was when I assisted a friend to buy a 2 year old ex mobility Ford C Max from the SMAG auction in Livingston. Had only done 9k miles, was still within warranty and she got it for something like close to £2k less than Peoples were retailing similar cars on their forecourt. She still has that car 7 years later and never had an ounce of trouble with it!
Possibly finance repossessions?

S2red

2,508 posts

191 months

Tuesday 14th October 2014
quotequote all
May be say Audi dealer takes in BMW and it goes straight to trade as they only have Audi on forecourt

Other premier dealers probably same

jamiesonmurray

Original Poster:

71 posts

154 months

Tuesday 14th October 2014
quotequote all
it does tell you, for example "john clark" or "Reg Vardy"

some auction houses (bca for example) will have sale days marked up as "pendragon" or "whitehorse" and these are ex lease / finance / etc

and some auctions are called "fleet" and also you have "mobility"

from experience tho,, if it's a private entry,, don't go anywhere near it,
there in there for a reason,


jamiesonmurray

Original Poster:

71 posts

154 months

Thursday 13th November 2014
quotequote all
Bought another one,
picked up a 2007 Freelander HSE with less than 39,000 miles and 7 stamps in the history book,
it had a factory tow bar and "all weather" tyres so it should be good for winter
has a dent in the rear door and some scratches that need sorted, and needs a damn good clean,
but hasn't missed a beat since i got it on monday,
paid a bit much for it, £10,700 including fees, but i had my heart set on a Freelander and there was about 10 to choose from
this one was the 2nd last one to go through and they all went for good money, and the last one was a base model



Andrew[MG]

3,322 posts

198 months

Thursday 13th November 2014
quotequote all
I spotted what looked like a bargain M3 at Glasgow Central Auctions and it turned out to be anything but http://forums.m3cutters.co.uk/showthread.php?t=112... I emailed the auction people but they seemed to do nothing about it.

Always be VERY wary of this method of buying!

jamiesonmurray

Original Poster:

71 posts

154 months

Thursday 13th November 2014
quotequote all
Andrew[MG] said:
I spotted what looked like a bargain M3 at Glasgow Central Auctions
was this about 2 weeks ago?
I might have been there and can remember a M3

Andrew[MG]

3,322 posts

198 months

Friday 14th November 2014
quotequote all
jamiesonmurray said:
was this about 2 weeks ago?
I might have been there and can remember a M3
I think it was due to go through on Friday 31st October

jamiesonmurray

Original Poster:

71 posts

154 months

Wednesday 26th November 2014
quotequote all
here's a few more interesting cars up at Kinross,
i've now been looking at a few more auction centres, went to Central in Glasgow, plenty cars, some nice ones, starts at 12 on a mon, wed, and friday,, you can watch the auctions on the website live feed,

Also,, been on the Manheim website,, they seem to get a few Evoques, which i may get one next!

Back on to kinross,, Another RS6,,, I wonder what it goes for?
I think the one at Central which is further up my post went for £26-28K plus fees
















Patch1875

4,894 posts

132 months

Wednesday 26th November 2014
quotequote all
What are the fees like at Kinross? Looking for a cheap car 1-1.5k but some of the fees at other actions I've seen don't make them good value anymore.

JM

3,170 posts

206 months

Wednesday 26th November 2014
quotequote all
Does anyone have an account to get access to see what prices the cars went for?


Would be interested to know what the TVR went for.